So Gold is in a consolidation in a form of a symmetrical triangle.
I think even though the trend overall is bullish, but we still in a consolodation, and likely the price visits the lower trendline.
other than that, price will break out above the upper trendline, and then we flip bullish then.
Dont go with size on that bearish trade as i could be very very wrong in my analysis.
I think even though the trend overall is bullish, but we still in a consolodation, and likely the price visits the lower trendline.
other than that, price will break out above the upper trendline, and then we flip bullish then.
Dont go with size on that bearish trade as i could be very very wrong in my analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.